The Financial Statements of a Proprietary Fund Are Prepared Using

question 20

Short Answer

The Financial Statements of a Proprietary fund are prepared using the $$\begin{array} { l l l l l } & \text { Full Accrual } & \text { Modified } & \text { Economic Resources } & \text { Current Financial } \\& \text { Basis } & \text { Accrual Basis } & \text { Measurement Focus } & \text { Resources Measure- } \\&&&& \text { ment Focus } \\\hline\text { a } & \text { No } & \text { Yes } & \text { Yes } & \text { No } \\\text { b } & \text { Yes } & \text { No } & \text { No } &\text { Yes } \\\text { c } & \text { No } & \text { Yes } & \text { No } & \text { Yes } \\\text { d } & \text { Yes } & \text { No } & \text { Yes } & \text { No } \\\end{array}$$

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